According to Coinstats, the market is back to green on the first day of the week.
ETH/USD
Ethereum (ETH) prices have risen 3.41% since yesterday.
On the hourly chart, ETH speed continues to look bullish. If the daily bar closes or breaks near resistance, you can expect a test in the $2,700 range.
In the long time frame, the price of the Chief Altcoin is in the middle of the wide channel between $2,317 in support and $2,857 in resistance.
Neither the bull nor the bear controls, so if the volatility increases by the end of the week it can be low.
From a medium-term perspective, ETH percentage is heading towards a $2,857 resistance. As growth continues, you may witness tests of the key $3,000 mark.
Ethereum trades at $2,624 at press time.
